What is the definition of Loan note? | Dictionary.net

LOAN NOTE

\lˈə͡ʊn nˈə͡ʊt], \lˈə‍ʊn nˈə‍ʊt], \l_ˈəʊ_n n_ˈəʊ_t]\

Definitions of LOAN NOTE

1910 - Black's Law Dictionary (2nd edition)

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Contract type of loan containing overtly stated terms agreed-to by the lender and the borrower. These terms are the various obligations. The parties have a right to sue the other if these obligations and terms are not met.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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